With the increase in Increasing Healthcare Expenditure Healthcare products and effective and better Healthcare Facilities among Elderly Population are driving the global healthcare product market. Healthcare products are the products that provide an extensive variety of the food and beverage industry united with beauty product industry globally. These products refer to substances such as Vitamins and minerals, herbal medicines, homeopathic preparations, energy drinks, probiotics, alternative and traditional medicines. The health care product is often defined as a service.
Increased Consumption of Organic diet and Young consumers in the developing countries are willing to pay premiums for health products as a result of increasing importance in physical fitness.
Growing consumer awareness about organic food and healthy eating habits, Increase in urban population their rising disposable income leading to change in lifestyle., The buying power of consumers and increasing concern regarding physical fitness., Increase in the incidence of chronic diseases such as Diabetes, Blood pressure etc. and Growing ageing population.
Rise in importance of natural and organic food for organic food manufacturers in the coming years. and Rapidly Increasing various stores ie Hypermarket, Supermarket retail stores leading to demand of healthy products
The Players Covered in the Study are:
Pfizer (United States), Nestle (Switzerland), Arbonne (United States), GSK (U.K), Procter & Gamble (United States), PROVANT health Solutions (United States), ADH (United States), Agel (Europe), Nature’s Sunshine Products(United States), Nature’s Way Product (United States), Neways International (United States), Zija International (United States), The Kraft Heinz Company (United States) and Walgreen Co. (United States)
PM-JAY (Pradhan mantri Jan Arogya Yojana) to protect poor and vulnerable families against financial risk arising out of catastrophic health episodes by National Health Agency under Society Registration Act, 1960.
List of players that can be included in the study on immediate basis are General Nutrition Centers Inc. (United States), Swanson Health products (United States) and Health products distributors Inc. (United States).